ELKO NEW MARKET, MN  55020

Total Population: 4,391

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Median Home Value

$452,700

Owner-occupied units

Median Household Income

$127,159

Across all households

Median Age

34.1 yrs

Across all residents

Bachelor's Degree+

37.9%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)87.8%
Black (Non-Hispanic)5.7%
Hispanic or Latino5.6%
Two or More Races0.7%
Asian (Non-Hispanic)0.1%

Under 18 Years

29.9%

65 Years and Over

11.1%

Male

45.7%

Female

54.3%

U.S. Citizens (18+)

98.5%

No Health Insurance

0.7%

Education

3 fields

High School Graduate or Higher (25+)

96.6%

Bachelor's Degree or Higher (25+)

37.9%

Enrolled in College (18+)

Economics

6 fields

Median Household Income

$127,159

Mean Household Income

$157,943

Per Capita Income

$51,463

Unemployment Rate (16+)

1.3%

In Labor Force (19–64)

86.0%

SNAP / Food Stamps

1.9%

Housing & Households

13 fields

Median Home Value

$452,700

Median Rent

Total Housing Units

1,501

Owner-Occupied

99.3%

Renter-Occupied

0.7%

Vacancy Rate

4.9%

Married Couple Households

74.3%

Cohabiting Couple Households

4.3%

Male Householder, No Partner

4.8%

Female Householder, No Partner

Average Household Size

3.06

Broadband Internet Access

95.6%

Housing Built Since 2010

9.8%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 55020.